QUESTION 1 Evaluating Choices: Time, Risk, and Value. What is time value of money?

QUESTION

• What is time value of money?
• Discuss how the expression “a bird in the hand is worth two in the bush” relate to the concept of the time value of money?

 ( ANSWER EACH OF THE QUESTION IN 2 PARAGRAPHS EACH AND INCLUDE APA CITATIONS OF SOURCES)

QUESTION 2